Economic impacts of food trucks in your community: Shopping local

Does bringing a food truck into your neighborhood or organization really benefit the local economy? The answer is yes -plain and simple! Even more so during these unprecedented times we are living in.

By supporting small business owners you keep local dollars within your geographical area. This not only benefits the small business owner, it also benefits you as a resident. How do you ask?

Let’s look at some facts.

According to the Grand National Savings Bank article “Five Reasons to Spend Local in Your Community”, there are five reasons to do this. Let’s take a look at them!

First, local entrepreneurs cater to the preferences of a specific region or demographic. For instance, if you live in Michigan you may find handcrafted items geared towards the Great Lakes. Whereas if you reside in Colorado a more eclectic array of goods focused on winter sports such as skiing may be found.

Secondly, local businesses have the ability to attract tourists. Tourists, along with native residents purchase items and increase the economic vitality in your community!

Next, “Shopping in a local business district means less infrastructure, less maintenance, and more money available to beautify our community. Also, spending locally instead of online ensures that your sales taxes are reinvested where they belong: in our community. If you’re looking for the ultimate good excuse to go shopping…this is it!” (Source).

Shopping locally also has a positive impact on your global footprint. Shopping in your city rather than online, lessens the amount of  fuel and energy used. Eliminating the shipping process has a plethora of benefits.

Lastly, by supporting locally owned businesses you are impacting the job force in a positive way. Local businesses hire local persons, again keeping the money and tax dollars in your community.

So, does booking food trucks into your neighborhood, business, organization, or private party/event really help? Yes, it really does! Take the step, you won’t regret it!

Source:

https://grandsavingsbank.com/5-reasons-to-spend-local-in-your-community/#:~:text=You%20save%20yourself%20money!,they%20belong%3A%20in%20our%20community.

Andersorville

RETAIL ATTRACTION & MARKET RESEARCH

 

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Published by Jean Smith

Jean Smith, event manager of the East and West Dearborn DDAs and market manager of the Dearborn Farmers and Artisan Market, supports coordination of more than 60 annual events and oversees market management, training and supervision. Recruiting and managing more than 100 seasonal vendors. Smith also served as market master for the Dodge Park Farmers Market in Sterling Heights from its inception in 2015 until 2020. Smith has more than 12 years of experience as a vendor in various farmers markets and earned her Market Manager Certification from the 2016 Michigan Farmers Market Association (MIFMA) Market Manager Certification Program. In both 2018 and 2019, Smith was named Mentor of the Year from University of Michigan-Dearborn. That same year, Smith earned her Associate in Applied Science degree in MGT Development, Business Management from Oakland Community College in 2017. Smith graduated with a Bachelors in Professional Communication in December 2019 from Siena Heights University, and plans to continue her studies thereafter, working towards a Masters in Professional Leadership. As a mother of six her life is filled with so many amazing and joyful things… as well as many messes! It’s a good thing she loves to keep things organized otherwise things could get in quite a disarray. Follow her as she helps you along in the home & garden!